* The Federal Deposit Insurance Corporation (FDIC) generally insures, with respect to each FDIC-insured institution, deposit accounts that are held in the same right and capacity up to the maximum amount set by federal law, currently $250,000. An account owner’s interest in the insurable balance of a College Savings Bank, a Division of NexBank CD account is insured by the FDIC on a pass-through basis, together with any other deposit accounts the account owner holds at College Savings Bank, a Division of NexBank, in the same right and capacity, up to the maximum amount.

 

 

 
College Savings Bank, a Division of NexBank
College 529 Plans
2515 McKinney Avenue, Suite 1100
Dallas, Texas  75201

 

Fixed Rate CD Rates

 

Our rates are competitively priced with 1-, 2- and 3-year options. Fixed Rate CDs issued by College Savings Bank, a Division of NexBank, are a great way to save!

CD Term APY APR Minimum Deposit
1-Year 0.65% 0.65%  $250
2-Year 0.65% 0.65%  $250
3-Year 0.75% 0.75%  $250

Interest Date and APY (Annual Percentage Yield) are accurate as of November 23, 2020. Any interest rate change will become effective after 2:00 pm Eastern Time. Rates are subject to change and may change without notice. 

 

To lock in the posted CD rate, you must open and fund your CD online. Based on your preference, you can Enroll Online, mail in an Enrollment Form or Call 1.800.888.2723 to submit your application over the phone.

 

For more information, view the Fixed Rate CD Terms and Conditions.